Click here to send MH news, tips, links, documents, facts
or factory-built housing related news story suggestions.

Home > Business, Economy, Finance, Manufactured Home Communities, Manufactured Housing Industry, News Item, Politics, Stocks, Trends > Clayton Homes, Property Group, buys Site-Builder Oakwood, Industry Market Updates

Clayton Homes, Property Group, buys Site-Builder Oakwood, Industry Market Updates

July 6th, 2017

762017DowJonesTickerManufacturedHousingIndustryDataResearchReportsDailyBusinessNewsMHProNewsThe evolving Daily Business News market report sets the industry’s stocks in the broader context of the overall market stocks.  By spotlighting the headlines – from both sides of the left-right media divide – this report also helps readers see what are the trends and topics that may be moving the investors that move the markets.

Readers say this is also a quick review tool that saves researchers time in getting a view of the manufactured housing industry, through the lens of publicly traded stocks.

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected bullets from CNN Money:

  • Illinois budget crisis pits governor against his wife
  • States sue Betsy DeVos over student loan rule delay
  • S.-Russia business ties: 5 things to know
  • Ethics official who sparred with Trump resigns
  • Microsoft cuts thousands of jobs
  • A city scraps its HOV lanes. Disaster ensues.
  • Why Trump may hate this big new free trade deal
  • Other presidents boost free press; Trump bashes it
  • Most Republicans in the U.S. like Medicaid. Who knew?
  • Ted Cruz’s repeal plan could cripple market
  • 34 years in sanitation taught him how to spot a gem

Selected headlines and bullets from Fox Business:

  • Budget mayhem: 7 states still without budgets a week into new fiscal year
  • G-20 Summit: Economic superpowers face off
  • Wall Street drops on labor market data, North Korea concern
  • Trump center of G20 protests over climate, economic policies
  • NJ millionaires-on-welfare sting: 12 additional individuals charged
  • 18 states sue U.S. Education Dept over student loan relief
  • Microsoft to slash thousands of jobs amid organizational transformation
  • Small business hiring slowed in June, ADP says
  • LPGA’s Natalie Gulbis mulls run for Congress
  • Infosys to hire 2,000 workers at North Carolina hub
  • GM retakes lead from Tesla as most valuable U.S. car maker
  • Missouri’s minimum wage decrease is good, Andy Puzder says
  • Bethanie Mattek-Sands suffers graphic knee injury at Wimbledon
  • Angel Hernandez to umpire MLB All-Star Game amid discrimination suit
  • Floyd Mayweather will knock out UFC’s Conor McGregor: Legendary promoter Aruml rally fades, even after bullish inventory figures

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

The numbers at the closing bell…

S&P 5002,409.75-22.79 (-0.94%)

Dow 30 21,320.04 -158.13 (-0.74%)

Nasdaq 500 2,409.75 -22.79 (-0.94%)

Crude Oil 45.31 +0.18 (+0.40%)

Gold 1,224.40 +2.70 (+0.22%)

Silver 15.95 +0.11 (+0.68%)

EUR/USD 1.1423 +0.0073 (+0.64%)

10-Yr Bond 2.37 +0.036 (+1.54%)

Russell 2000 1,400.81 -19.33 (-1.36%)

7620179MarketIndicatorsYahooFinanceManufacturedHousingIndustryDataResearchReportsDailyBusinessNewsMHProNews

Manufactured Housing Composite Value

7620179ManufacturedHousingCompValueYahooFinanceManufacturedHousingIndustryDataResearchReportsDailyBusinessNewsMHProNewsjpg

Manufactured Housing Connected Stocks

Today’s Big Movers

Today’s Big Gainers were Nobility and Skyline.  Leading the Decliners were LCI and AMG. Most stocks dropped.

See below for all the ‘scores and highlights.’

Today’s MH Market Spotlight Report – Clayton buys site builder, Oakwood Homes

 

ClaytonBuysSiteBuilderOakwoodMHProNews

In a press release via PRNewswire, Clayton Properties Group, a division of Clayton, a Berkshire Hathaway company tells MHProNews.com that they’ve purchased Oakwood Homes.

The release described the acquired company this way, “Oakwood Homes, Colorado’s largest privately held homebuilder* and community developer, and the approximately 18,000 lots it owns and controls…”

The deal reportedly closed on July 3rd.

This makes the 4th – and largest to date – acquisition by Clayton of a conventional home building company.

Clayton is the largest builder in the manufactured housing industry, and is part of Berkshire Hathaway. A recent media report on Warren Buffett is linked here.

MHProNews plans a more detailed report on this in the days ahead. Stay tuned.

BerkshireHathawy7.6.2017BloombergManufacturedHousingIndustryNewsMarketsReportsDataMHProNews

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

 

7.6.2017BloombergManufacturedHousingIndustryConnectedStocksMarketsReportsDailyBusinessNewsMHProNews

 

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses.

Providing you only with the very best industry coverage, every business day.

We Provide, You Decide.” © ##

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.


Matthew Silver - Reporter at Large
Soheyla Kovach - Support Services
L.A. 'Tony' Kovach - Publisher, Editor and Marketing Director. To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com
Comments are closed.